Several other research firms have also issued reports on SSYS. Loop Capital assumed coverage on Stratasys in a research report on Monday, July 24th. They set a hold rating and a $24.00 price target on the stock. BidaskClub lowered Stratasys from a strong-buy rating to a buy rating in a research report on Wednesday, August 2nd. Cowen and Company restated a hold rating and set a $23.00 price target on shares of Stratasys in a research report on Sunday, September 17th. FBR & Co reiterated a buy rating on shares of Stratasys in a report on Wednesday, July 19th. Finally, Zacks Investment Research cut Stratasys from a buy rating to a hold rating in a report on Tuesday, July 18th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $24.74.
Stratasys (NASDAQ SSYS) opened at $20.98 on Wednesday. The company has a current ratio of 3.58, a quick ratio of 2.65 and a debt-to-equity ratio of 0.02. Stratasys has a 1 year low of $16.37 and a 1 year high of $30.88. The stock has a market capitalization of $1,116.18, a P/E ratio of 149.86, a P/E/G ratio of 4.88 and a beta of 1.40.
Stratasys (NASDAQ:SSYS) last posted its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.04. Stratasys had a positive return on equity of 0.62% and a negative net margin of 6.74%. The business had revenue of $155.90 million for the quarter, compared to analyst estimates of $160.97 million. The firm’s revenue was down .8% on a year-over-year basis. analysts predict that Stratasys will post 0.17 earnings per share for the current year.
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Several institutional investors and hedge funds have recently added to or reduced their stakes in SSYS. Teachers Advisors LLC lifted its stake in shares of Stratasys by 1.5% in the 1st quarter. Teachers Advisors LLC now owns 82,995 shares of the technology company’s stock valued at $1,701,000 after purchasing an additional 1,208 shares during the period. California Public Employees Retirement System lifted its stake in shares of Stratasys by 9.5% in the 1st quarter. California Public Employees Retirement System now owns 85,300 shares of the technology company’s stock valued at $1,748,000 after purchasing an additional 7,400 shares during the period. Geode Capital Management LLC lifted its stake in shares of Stratasys by 2.9% in the 1st quarter. Geode Capital Management LLC now owns 109,405 shares of the technology company’s stock valued at $2,241,000 after purchasing an additional 3,039 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Stratasys by 65.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 528,544 shares of the technology company’s stock valued at $10,829,000 after purchasing an additional 209,886 shares during the period. Finally, State Street Corp raised its stake in Stratasys by 2.1% during the first quarter. State Street Corp now owns 828,339 shares of the technology company’s stock valued at $16,974,000 after buying an additional 17,163 shares during the last quarter. Institutional investors own 65.84% of the company’s stock.
Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.
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